Which statement best describes PSD, TIFF, JPEG, and PNG in terms of layers and compression?

• A. PSD Preserves Layers; TIFF Supports Layers And High Quality; JPEG Is Lossy; PNG Supports Transparency
• B. PSD Preserves Layers; TIFF Does Not Support Layers; JPEG Is Lossy; PNG Does Not Support Transparency
• C. PSD Preserves Layers; TIFF Does Not Support Layers; JPEG Is Lossless; PNG Supports Transparency
• D. PSD Does Not Preserve Layers; TIFF Supports Layers; JPEG Is Lossy; PNG Supports Transparency

Answer: (A)